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Property profile & analytics
OFF-MARKET
Estimated value
$4,275,000
Office buildings
8624 Wilshire Blvd Beverly Hills, CA 90211-3006
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6781375
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1949
Construction
TILT-UP CONCRETE
Total area
2,100 SF
Lot
0.13 ac (5,585 SF)
Zoning code
BHC3*
APN
4333-018-036
UPID
US09-6781375
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Egg Donor & Surrogacy Institute (EDSI) Medical Clinic
-
Grow Escrow Bank Loan Service
-
Parham Zar Corporate Office
-
Egg Donor & Surrogacy Institute (EDSI) - California Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.74M
Blend (final)
Blend
$4.28M
Owner & transaction history
8620 Wilshire Realty LLC · 2 yrs held
8620 Wilshire Realty LLC
since 2023
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
BHC3* · Beverly Hills, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Beverly Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beverly Hills submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,570,000
ML approach
$4,525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.28M
Range $3.85M – $4.70M · ±10% · vs last sale $4.28M (Jul 31 2023)
Last sale anchor
$4.28M
Jul 31 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$2,036 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$51,608
Tax year 2024
Assessed value
$4,275,000
Assessed 2024
Previous assessed
$4,275,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$3,550,000
Assessed improvement
$725,000
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,100 SF
Lot
0.13 ac (5,585 SF)
Zoning code
BHC3*
APN
4333-018-036
UPID
US09-6781375
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BHC3* · Beverly Hills, CA
Zoning BHC3* · permitted uses
BHC3* · Beverly Hills, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beverly Hills. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
8620 Wilshire Realty LLC
Entity
Mailing address
206 FOOTHILL RD, BEVERLY HILLS, CA 90210-4921
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2023
$4,275,000
8620 Wilshire Realty LLC
Makini 4 LLC
Grant Deed
—
Sep 23, 2021
—
Makini 4 LLC
—
Deed
related
$2,000,000 · Waterfall Bridge Capital LLC
May 29, 2019
—
Makini-4 LLC
—
Deed
related
$1,790,000 · Cit Bk NA
Jul 3, 2018
$3,500,000
Makini 4 LLC
Newcastle Investments II LLC
Grant Deed
$1,790,000 · Cit Bank NA
Jul 3, 2018
—
Makini 4 LLC
—
Deed
related
$1,790,000 · Cit Bk NA
Oct 25, 2016
$2,650,000
Newcastle Investments II LLC
Aj Mia & Co INC
Grant Deed
$1,400,000 · Farmers & Merchants Bk/lng Bch
Apr 11, 2012
$960,000
Aj Mia & Co INC
Bernstein Co LLC
Grant Deed
$935,000 · Bernstein Co INC
Jan 5, 2000
—
Bernstein Co
Bernstein T Trustee,
Quit Claim Deed
related
—
—
—
Makini-4 LLC
—
Deed Of Trust
related
$1,790,000 · Cit Bk NA
—
—
Makini-4 LLC
—
Loan Modification
related
$1,357,000 · Us Small Busn Admn
—
—
Makini 4 LLC
—
Deed Of Trust
related
$1,790,000 · Cit Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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